NSEGeneral Updates10 Jul 2026 · 10 Jul 2026, 12:17 pm

General Updates

Navneet Education Limited · NAVNETEDUL

✦ AI SummaryRegulatory

Navneet Education Limited has received a summons from the Excise and Taxation Department regarding an inquiry into an Input Tax Credit (ITC) balance of ₹ 81,93,942. The company is cooperating with the authorities and does not anticipate any material impact on its operations or financials.

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Earnings Impact1/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk6/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Navneet Education Limited has informed the Exchange about General Updates

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Navneet26_10072026121723_Reg30DisclosureGSTSummons.pdf

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NEL/17/2025-26 Date: 10th July, 2026 The Secretary Corporate Relationship Department National Stock Exchange of India Ltd. Bombay Stock Exchange Ltd. Exchange Plaza, 5th Floor, Plot No. C/1, 1st Floor, New Trading Ring, 'G' Block, Bandra-Kurla Complex, Rotunda Building, P. J. Towers, Bandra (East), Mumbai – 400051 Dalal Street, Fort, Mumbai – 400001. Ref: Symbol– NAVNETEDUL Ref: Scrip Code – 508989 Dear Sir/Madam, Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to the provisions of Regulation 30 read with sub-para 20, Para A, Part A, Schedule III of the SEBI (Listing Obligations and Disclosure Requirements], Regulations 2015 (Listing Regulations), we hereby submit the disclosure regarding Company has received a summons issued by the State Tax Officer-cum – Proper Officer Ward No. 22, Mohali-II, under the provisions of the Central Goods and Services Tax Act, 2017. as detailed hereunder: Sr. No. Particulars Details 1 Name of the authority Excise and Taxation Department 2 Nature and details of the action(s) taken, The Company has received summons issued initiated or order(s) passed under Section 70 of the Central Goods and Services Tax Act, 2017 and the Punjab Goods and Services Tax Act, 2017. The summons requires the Company to appear before the concerned authority to give evidence and/or produce documents in connection with an inquiry relating to the Input Tax Credit (ITC) and the closing balance in the Electronic Credit Ledger maintained under Section 49 of the aforesaid Acts. The inquiry pertains to an Input Tax Credit balance of ₹ 81,93,942/-. Pursuant to the summons, the authorised representative of the Company has been directed to appear in person before the concerned authority on July 16, 2026, at 11:00 A.M. at Ground Floor, Excise and Taxation Bhawan, Sector 69, Mohali, Punjab. The Company is extending its full cooperation to the authorities and is in the process of furnishing the requisite information and documents as sought under the summons. 3 Date of receipt of direction or order, 9th July 2026 including any ad-interim or interim orders, or any other communication from the authority 4 Details of the violation(s)/ contravention(s) Refer point 2 above committed or alleged to be committed 5 Impact on financial, operation or other The summons is in the nature of an inquiry activities of the listed entity, quantifiable in seeking information and/or documents from monetary terms to the extent possible the Company. No demand, liability, penalty, or adverse order has been passed against the Company. Accordingly, there is no ascertainable financial impact on the Company at present. The Company does not anticipate any material impact on its operations or other activities and will continue to cooperate with the concerned authorities. The Company will exercise its rights and take corrective action accordingly. The Company has received the aforesaid summons on 09th July, 2026 at 4.14 p.m. by email. You are requested to take note of the above. Thanking You, Yours Faithfully, FOR NAVNEET EDUCATION LIMITED AMIT D. BUCH COMPANY SECRETARY MEMBERSHIP NO. A15239